Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors met on 23rd May 2025 and approved the audited financial results for the quarter and full year ended 31st March 2025. Statutory auditors M/s K. N. Gutgutia & Co. issued an unmodified (clean) audit opinion, and the CFO also filed a declaration confirming this under SEBI regulations. The Board recommended a modest dividend of Re. 0.05 per equity share (1%) and 5% on redeemable preference shares for FY 2024-25, subject to shareholder approval. Additionally, the Board appointed M/s Anil Somani & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), Mr. Kailash Chandra Rathi as Internal Auditor for FY 2025-26, and M/s Vivek Laddha & Associates as Cost Auditor for FY 2025-26.
The clean audit opinion is a positive sign for shareholders, indicating no financial irregularities. However, the token 1% equity dividend suggests limited surplus distribution; investors should not expect meaningful dividend yield. Auditor appointments are routine governance items and unlikely to materially affect the stock.